According to Novogratz, the prevailing negative sentiment in the crypto market and the decline in retail investor interest should not be misleading.
“I’m closely watching the situation. Being pessimistic at the current levels is irrational. Seeing real momentum and a solid breakthrough above $100,000 will be a call to action and a reason for confidence for me personally. I believe that 2026 could be a very successful year for the crypto market,” the businessman announced.
In 2026, the dynamics of the crypto market will be determined by the economic condition in the US and the actions of the Federal Reserve System (Fed)—if the lending rate decreases, this will lead to a dollar weakening and create a favorable setting for cryptocurrencies, Novogratz reckons.
When the market “gets moving,” the movement of the premier cryptocurrency could be abrupt and swift. Bitcoin remains undervalued, and it will certainly reach a new all-time high, the CEO of Galaxy Digital is convinced.
Previously, Hasib Quresh, a top manager at the venture capital firm Dragonfly Capital, stated that by the end of 2026, the price of Bitcoin could surpass $150,000, but the growth rate of the primary cryptocurrency will be lower than that of altcoins.
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